silver....and we appear to be at $40 again!

I find it's best to just keep on asking for more. When I sold one of my ASE's a couple days ago, I was able to get the guy to pay me $41 even though spot was at $40.25.

 

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40% under spot?! Yikes, local stores here buy around 15% under spot. Personally I think that would be the absolute lowest I would go. I get more money by selling to other collectors though.

 

craigslist?

 

And craigslist and eBay are good ideas. Just the other day I saw an ASE go for $45 on eBay.

 

40% under spot??? Are you nuts?? No way. Hang on to it! 40% UNDER SPOT????

Thud! (That's my heart dropping..)

 

In May, when US silver was going for 26x, the Pawn Stars told me their buy price was 6x. I never bothered to ask their selling price, but should have. They might have been asking 12x ? I could have doubled my money too ! LOL But something tells me they wanted a bunch more than that ?

 

The posted buy price around me is $1 over spot for ASEs.

 

It seems like you should be able to get this if you shop around. Premiums seem higher than ever these days. The last coin show I went to ASE's were going for $45 or $46 when spot was $39.20. (Admittedly I already cleaned the guy out with $2 premiums back at $35 ;-) If they are going to make that much on the resale it shouldn't be hard to talk them into giving you more than spot. If I were trying to turn a profit I would wait until just before the new year to sell though.